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House Prices & Home Values Pennington Gap, VA 2026Average Data
06/13/2026 - The value range (VR) for house prices in Pennington Gap, VA is $126/ sqft to $126/ sqft. An average home with 1992 sqft costs approximately $250,992 to $250,992. Pennington Gap, VA includes 1 ZIP codes and it is located in Lee county. The lowest prices are found in ZIP 24277, while the highest are in ZIP 24277. The average price per sqare feet is $48. Our analysis is based on 4 property listings. Avergage prices by ZIP codes Pennington Gap
Historical development of home values in Pennington Gap
Graph: estimated home values in Pennington Gap over time (USD)Example: 100% financing house in Pennington GapLoan amount: $95,244 Interest rate: 6.00% Fixed monthly payment: $571.04
Breakdown in the 1st month: Yearly breakdown (100% financing)
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included. How to sell in Pennington Gap, VA
In 2026, houses in Pennington Gap, VA will be offered at an average price of $48 per square foot. A 1,500 sqft home priced at $87,120 is 24.15% more expensive per square foot than a 3,900 sqft home priced at $185,329. Home prices in Pennington Gap, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $128,305. Sellers who can wait longer may achieve a higher price of up to $156,816. Explore Pennington Gap, VA: Things to Do, History, and Travel GuideOverview and LocationPennington Gap, VA is a welcoming Appalachian town in Lee County known for scenic mountain views and small?town charm. As the largest town in Lee County, Pennington Gap, VA serves as a gateway to Southwest Virginia adventures. Outdoor Recreation and NatureTravelers come for outdoor recreation on nearby Stone Mountain trails, scenic ridgelines, and community parks like Leeman Field. The town is a convenient base for day trips to Cumberland Gap National Historical Park and Wilderness Road State Park. History and CultureThe area?s heritage is rooted in rail, coal, and the storied Wilderness Road, reflected in local museums and seasonal festivals. Visitors can enjoy small?town traditions, youth sports, and community events that highlight Appalachian music, crafts, and food. Downtown and Local BusinessesDowntown Pennington Gap features locally owned restaurants, shops, and services that make exploring on foot easy. Affordable stays and welcoming hospitality create a family?friendly atmosphere for weekend getaways or road?trip stops along US 58. Living, Access, and TravelWith a modest cost of living and access to schools, parks, and essential services, Pennington Gap, Virginia appeals to residents seeking a slower pace. Drivers can reach regional hubs like Big Stone Gap and Middlesboro via scenic highways, while the nearest commercial airports are in Tri?Cities and Knoxville. FAQ – Home Values in Pennington GapWhat is the median home value in Pennington Gap in 2026?In 2026, the typical home value in Pennington Gap is about $95,244 for an average home size of 1992 square feet. This corresponds to an average price of roughly $48 per square foot. What is the average cost per square foot in Pennington Gap?In 2026, homes in Pennington Gap sell for an average of around $48 per square foot, with a typical range between $126 and $126 per square foot, depending on the property’s location, condition, and lot size. What is the average home size in ?The average home size in Pennington Gap is about 1992 square feet, with an estimated 2026 value around $95,244. Locations close to Pennington Gap, VA
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